This is a fair challenge that you make, and make well cif5000. At the very least, this episode does not put Zagro CEO Poh in a good light. He is able to pick up more cheap Zagro shares - so yes........... I believe he must take some of the wrap. I don't want to go further because I am mindfull of the Posting Guidelines issued by kazukirai.
I also believe that by not intervening, the SGX, the regulator, has allowed one constituency (overseas shareholders) to be treated in such a shoddy manner.
Vested
I also believe that by not intervening, the SGX, the regulator, has allowed one constituency (overseas shareholders) to be treated in such a shoddy manner.
Vested
(01-09-2012, 10:55 PM)cif5000 Wrote:(01-09-2012, 02:27 PM)RBM Wrote: Pity. Zagro is a good company, lead by a particularly good man ..........that has been badly advised, in this instance.
Does that mean that the man is 100% innocent? And that the advisors have to bear the brunt? Don't you think human nature, such as greed and self interest, plays a huge role in this drama?
RBM, Retired Botanic MatSalleh